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Startup Funding: April 2021

Startup Funding: April 2021 April showers brought mega fundraising rounds to the semiconductor industry. In China, a mobile chipset maker looking to go public won significant funding along with partnerships with major smartphone companies. In the US, AI hardware startups are drawing interest with unique processor architectures and business models. Plus, a major test and design services company drew new investment. This month, we take a look at 22 companies that collectively raised over $2.3B. Semi & design Guosheng Capital, Haier Financial, and W&W Fund among the participants. The fabless company designs a range of chipsets for mobile and IoT/IIoT applications, including 5G mobile and baseband as well as NB-IoT. It is currently working with Xiaomi and OPPO on a sub-6GHz 5G chip. Formerly known as Spreadtrum before its acquisition by Tsinghua Unigroup, Unisoc is based in Shanghai, China. It is reportedly preparing to list on the Shanghai STAR market later this year.

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DBusiness Daily Update: U-M s Accelerate Blue Fund Makes First Investment, Oakland County Retains Moody s Aaa Bond Rating, and More

DBusiness Daily Update: U-M s Accelerate Blue Fund Makes First Investment, Oakland County Retains Moody s Aaa Bond Rating, and More
dbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dbusiness.com Daily Mail and Mail on Sunday newspapers.

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U-M venture fund makes first investment after reaching $2M first-close fundraising milestone

Contact: jkaroub@umich.edu The Accelerate Blue Fund, a University of Michigan early-stage venture fund raised through philanthropy, has reached its first fundraising milestone and made its first investment in a U-M tech startup. The recipient of the fund’s first investment is Movellus Inc., which provides technology to boost semiconductor chip design for cloud computing, artificial intelligence and other applications. Movellus, based in San Jose, California, with operations in Ann Arbor, launched in 2016 with help from U-M’s Office of Technology Transfer. Accelerate Blue has made an initial investment of $150,000 in Movellus as part of a $3 million bridge round.

United statesAnn arborMo fasilMike psarouthakisRay stataDavid wentzloffUm tech transfer venture centerUm office of technologyMovellus incRegents of the university michiganBlue fundUniversity of michiganAnalog devicesOffice of techTechnology startupsAccelerate blue fund

U-M venture fund makes first investment after reaching $2M first-close fundraising milestone

U-M venture fund makes first investment after reaching $2M first-close fundraising milestone
umich.edu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from umich.edu Daily Mail and Mail on Sunday newspapers.

United statesAnn arborMo fasilMike psarouthakisRay stataDavid wentzloffKelly sextonUm tech transfer venture centerUm office of technologyMovellus incRegents of the university michiganBlue fundUniversity of michiganAnalog devicesOffice of techTechnology startups

University startup efforts push forward as new capital comes available

University startup efforts push forward as new capital comes available Accelerate Blue Fund will focus on early-stage investing for university startups Tech transfer efforts continue forward at state s three research institutions University of Michigan Kelly Sexton with the University of Michigan s technology transfer office speaks about the Accelerate Blue venture capital fund A long-planned philanthropic venture capital fund sponsored by the University of Michigan is up and running, with the goal of bolstering early stage startups in Ann Arbor and around the state. The Accelerate Blue Fund aims to be a $20 million fund targeted at early stage companies looking to spin out from the university. All returns the fund realizes would be reinvested.

Ann arborUnited statesKelly sextonMovellus incNational science foundationNational institutes for healthBlue fundUniversity of michiganAccelerate blue fundNational institutesஆண்டு ஆர்பர்ஒன்றுபட்டது மாநிலங்களில்கெல்லி செக்ஸ்டன்தேசிய அறிவியல் அடித்தளம்தேசிய நிறுவனங்கள் க்கு ஆரோக்கியம்நீலம் நிதி